The bull scenario looks like a minefield of resistance. Breaking under the inner triangle might lead to panic selling. If we break out of the top of the outer triangle we'll be officially challenging the bear trend from ATH.

From this retracement, it seems like if we break 262 within a few days, we might see 269 or higher. However, if we don't and the trend falls out of the channel, it could be a double top signaling another reversal.

I graphed the trend-line of the histogram for the MACD/Signal Line. There's a characteristic double peak (triple if you count lull in change of price movement after the big peak) that shows a trend reversal. This says to me a downward trend for the next few weeks at least. On the up side, the daily is still ...